Economy
Gold prices rise in Egyptian market, 21-karat now LE764
March 13, 2021
Gold prices rise in Egyptian market, 21-karat now LE764
Gold prices in Egypt rose by at least nine LE for all kinds on Saturday compared to Friday. Friday saw…
Egypt gears up to manufacture vehicle tires of all kinds
March 13, 2021
Egypt gears up to manufacture vehicle tires of all kinds
Minister of Public Business Sector Hisham Tawfik, alongside Minister of State for Military Production Mohamed Ahmed Morsi, and Chairman of…
US dollar to Egyptian pound exchange rate increases by one piaster
March 11, 2021
US dollar to Egyptian pound exchange rate increases by one piaster
The US dollar to Egyptian pound exchange rate increased by one piaster on Thursday, recording LE15.66 for purchase and LE15.76…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
March 10, 2021
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
March 7, 2021
EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
EgyptAir’s daily flight to Casablanca, Morocco, has stopped operating after Moroccan authorities extended the state of emergency in the country…
Gold prices at lowest point, Egyptians encouraged to buy this week
March 7, 2021
Gold prices at lowest point, Egyptians encouraged to buy this week
The Secretary of the Gold Division at the Federation of Egyptian Chambers of Commerce Nady Naguib announced Saturday that gold…
World Bank approves US$440 million development fund to develop Egypt’s railways
March 6, 2021
World Bank approves US$440 million development fund to develop Egypt’s railways
Egypt’s Minister of International Cooperation Rania al-Mashat announced Saturday that the World Bank’s Board of Executive Directors on Friday approved…
Video: Egypt renovating Arish Port in North Sinai to reach international standards
March 6, 2021
Video: Egypt renovating Arish Port in North Sinai to reach international standards
The Suez Canal Economic Zone (SCZone) announced that it is developing the Arish Port in North Sinai to match up…
US Dollar to Egyptian Pound exchange rate increases
March 2, 2021
US Dollar to Egyptian Pound exchange rate increases
The US dollar to Egyptian pound exchange rate on Monday rose by one piaster, recording LE15.66 for purchase and LE15.76…
Egypt’s agricultural exports increase by five percent during January and February
February 28, 2021
Egypt’s agricultural exports increase by five percent during January and February
The Minister of Agriculture and Land Reclamation al-Sayed al-Quseir, announced Sunday, that the volume of Egyptian agricultural exports has increased…